Aegon removes majority of Covid underwriting restrictions

The insurer has confirmed that it has withdrawn ‘most' of its underwriting restrictions for life and critical illness policies, applying to all new applications, on-going applications and those where terms have expired or that require further underwriting assessment. The provider has now returned to its pre-pandemic maximum ratings for life cover taken out to age 65, and has increased the maximum ratings it will offer for life cover taken out to age 79. Aego stated that due to the success of the vaccination programme it is now considering more applications from ‘higher risk customers'...